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Wednesday, May 6, 2015

One of Largest Transportation Companies in the U.S. to Use MagneGas®

MagneGas® Fuel will be Used for Railway Repairs and Construction as a Replacement for AcetyleneTAMPA, Fla., - (http://www.financialnewsmedia.com News Alert) - MagneGas Corporation (NASDAQ: MNGA) ("MagneGas" or the "Company"), a leading technology company that counts among its inventions a patented process that converts liquid waste into a gaseous fuel, announced today that one of the largest transportation companies in the United States will be using MagneGas in its railway division for repairs and construction. MagneGas will initially supply fuel to their California railway division as part of a larger rollout strategy to other locations in the country over the next several months. The new customer's railway division operates nationally, with 32,000 route miles and over 47,000 employees. MagneGas distributor, TriCo Welding Supplies Inc. will be sourcing the fuel through MagneGas partner Placer Power, Inc. both California based.

"Placer Power is excited to have the opportunity to be the exclusive supplier of MagneGas(r) for California, Oregon and Nevada," stated Chris Dupont, President of Placer Power, Inc. "MagneGas was selected due to the speed of the cut and expected increase of productivity. Railway companies in particular operate under harsh conditions, in challenging climates and the flexibility of MagneGas provides competitive advantages for this market."

The MagneGas IR App is now available for free in Apple's App Store for the iPhone or iPad http://bit.ly/AfLYww and at Google Play http://bit.ly/Km2iyk for Android mobile devices.

To be added to the MagneGas investor email list, please email pcarlson@kcsa.com with MNGA in the subject line.

About MagneGas Corporation Founded in 2007, Tampa-based MagneGas Corporation (NASDAQ: MNGA) is a technology Company that counts among its inventions, a patented process that converts liquid waste into hydrogen based fuels. The Company currently sells MagneGas into the metal working market as a replacement to acetylene. It is also selling equipment for the sterilization of bio-contaminated liquid waste for various industrial and agricultural markets. In addition, the Company is developing a variety of ancillary uses for MagneGas fuels utilizing its high flame temperature for co-combustion of hydrocarbon fuels and other advanced applications. For more information on MagneGas®, please visit the Company's website at www.MagneGas.com.

About TriCo Welding, Inc.TriCo Welding, Inc.is a fully service welding and gas supply Company based in California. The owners of TriCo are Leroy Paulucci, Robert (Bob) Baker and Joseph (Joe) Knieriem. They have over 86 years of combined experience in the welding supply industry. The TriCo partnership has been serving customers in the greater Sacramento, Yuba City and Yolo County area for over 16 years.

About Placer Power, Inc.Placer Power is a partner of MagneGas as their supplier to the California, Nevada, and Southern Oregon metal cutting and welding industry. Their goal is to be a product resource for distributors, and an information and training resource for metal cutting and welding companies.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/one-of-largest-transportation-companies-in-the-us-to-use-magnegas-300077949.html

SOURCE MagneGas Corporation

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